What steps need to be taken to secure a loan?
The first step in securing a loan is to complete a loan application. To do so, you’ll need the following information: 1)Pay stubs for the past 2-3 months, 2) W-2 forms for the past 2 years, 3) Information on long-term debts, 4) Recent bank statements tax returns for the past 2 years, 5) Proof of any other income Address and description of the property you wish to buy, and 6) Sales contract. During the application process, the lender will order a report on your credit history and a professional appraisal of the property you want to purchase.
The first step in securing a loan is to complete a loan application. To do so, you’ll need the following information: 1)Pay stubs for the past 2-3 months, 2) W-2 forms for the past 2 years, 3) Information on long-term debts, 4) Recent bank statements tax returns for the past 2 years, 5) Proof of any other income, 6) Address and description of the property you wish to buy, and 7) Sales contract. During the application process, the lender will order a report on your credit history and a professional appraisal of the property you want to purchase.
